There are multiple listings for this address:
Investor Special with NEZ Tax Incentives! Ready for the right visionary, this Multi-family offers the perfect canvas for simple updates or a full value-add project. A recent appraisal shows an ARV of $300,000, making this a strong opportunity for anyone looking to capture instant equity. Whether you’re planning a fix and flip or adding to your rental portfolio, the numbers make sense — recent rental income was $2,200/month, offering solid cash-flow in the highly desirable neighborhood of Martin Park. Rental demand in the area is strong, making this an ideal option for investors seeking steady, reliable returns. Featuring generous room sizes, a functional layout, and plenty of charm, this home can easily shine again. Bring your contractor and your imagination — the upside is undeniable. Seller offering a $5,000 Credit towards NEW Windows. Don’t miss your chance to own this cash flowing asset! Centrally located with easy access to Ferndale, Royal Oak, Downtown Detroit and major freeways.
Property Details
Price:
$168,000
MLS #:
20261013188
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MARTIN PARK
Neighborhood:
05043detlivernoisi756gdriver
Listed Date:
Mar 2, 2026
Finished Sq Ft:
2,132
Year Built:
1927
See this Listing
Schools
School District:
Detroit
Interior
Appliances
Dryer, FreeStandingElectricOven, Microwave
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Colonial
Construction Materials
Brick, Wood Siding
Exterior Features
Balcony, Lighting
Parking Features
NoGarage
Financial
Taxes
$1,529
Map
Community
- Address16194 Princeton Street Detroit MI
- SubdivisionMARTIN PARK
- CityDetroit
- CountyWayne
- Zip Code48221
Market Summary
Current real estate data for Single Family in Detroit as of Mar 05, 2026
2,948
Single Family Listed
123
Avg DOM
82
Avg $ / SqFt
$148,745
Avg List Price
Property Summary
- Located in the MARTIN PARK subdivision, 16194 Princeton Street Detroit MI is a Single Family for sale in Detroit, MI, 48221. It is listed for $168,000 and features 4 beds, 2 baths, and has approximately 2,132 square feet of living space, and was originally constructed in 1927. The current price per square foot is $79. The average price per square foot for Single Family listings in Detroit is $82. The average listing price for Single Family in Detroit is $148,745. To schedule a showing of MLS#20261013188 at 16194 Princeton Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
Similar Listings Nearby
16194 Princeton Street
Detroit, MI
Investor Special with NEZ Tax Incentives! Ready for the right visionary, this Multi-family offers the perfect canvas for simple updates or a full value-add project. A recent appraisal shows an ARV of $300,000, making this a strong opportunity for anyone looking to capture instant equity. Whether you’re planning a fix and flip or adding to your rental portfolio, the numbers make sense — recent rental income was $2,200/month, offering solid cash-flow in the highly desirable neighborhood of Martin Park. Rental demand in the area is strong, making this an ideal option for investors seeking steady, reliable returns. Featuring generous room sizes, a functional layout, and plenty of charm, this home can easily shine again. Bring your contractor and your imagination — the upside is undeniable. Seller offering a $5,000 Credit towards NEW Windows. Don’t miss your chance to own this cash flowing asset! Centrally located with easy access to Ferndale, Royal Oak, Downtown Detroit and major freeways.
Property Details
Price:
$168,000
MLS #:
20261013190
Status:
Active
Beds:
0
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MARTIN PARK
Neighborhood:
05043detlivernoisi756gdriver
Listed Date:
Mar 2, 2026
Finished Sq Ft:
2,132
Year Built:
1927
See this Listing
Schools
School District:
Detroit
Interior
Appliances
Dryer, FreeStandingElectricOven, Microwave
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Colonial
Construction Materials
Brick, Wood Siding
Exterior Features
Balcony, Lighting
Parking Features
NoGarage
Financial
Taxes
$1,529
Map
Community
- Address16194 Princeton Street Detroit MI
- SubdivisionMARTIN PARK
- CityDetroit
- CountyWayne
- Zip Code48221
Market Summary
Current real estate data for Single Family in Detroit as of Mar 05, 2026
2,948
Single Family Listed
123
Avg DOM
82
Avg $ / SqFt
$148,745
Avg List Price
Property Summary
- Located in the MARTIN PARK subdivision, 16194 Princeton Street Detroit MI is a Single Family for sale in Detroit, MI, 48221. It is listed for $168,000 and features 0 beds, 2 baths, and has approximately 2,132 square feet of living space, and was originally constructed in 1927. The current price per square foot is $79. The average price per square foot for Single Family listings in Detroit is $82. The average listing price for Single Family in Detroit is $148,745. To schedule a showing of MLS#20261013190 at 16194 Princeton Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.